Oct 27, 2021 | Government Announcements
The UK's finances are expected to rebound stronger than previously thought and be back at pre-pandemic level by the "turn of this year", Chancellor Rishi Sunak said in Autumn Budget 2021. Delivering his speech in the House of Commons, the Chancellor summarised...
Sep 27, 2021 | Government Announcements
The Government has delayed the introduction of Making Tax Digital for income tax self-assessment (MTD for ITSA) to 6 April 2024 to give individuals and businesses more time to prepare after the challenges they've faced during the pandemic. Financial Secretary Lucy...
Sep 22, 2021 | Government Announcements
The House of Lords sub-committee for the Finance Bill is planning to investigate income tax basis period reform and has appealed for written submissions on the proposed changes. In its inquiry into the draft Finance Bill 2021/22, the sub-committee is asking for...
Sep 16, 2021 | Government Announcements
The Government has launched an online service to make it easier for SMEs to receive funds from the apprenticeship levy. The new service will simplify the way employers and smaller businesses transfer and access funds respectively, the Government said in a press...
Sep 13, 2021 | Government Announcements
HMRC has opened its trust registration service to all trusts, including non-taxable ones in existence since 6 October 2020. All UK express trusts and some non-UK express trusts must register with HMRC. This includes non-taxable trusts, unless they are excluded due to...
